Btc mining or staking crypto?

[Luffygroove]

As we know, both mining and staking have their own risks and advantages. For example,  mining is relatively more secure since you own the tools and do the mining privately without an intermediary (we talk about independent mining, not mining pools), but it needs big resources like electricity and expensive tools and hardware. Moreover, there is a regulatory and legal issue for some countries, and you must be aware of that and always keep up to date. But, it actually has the potential for long-term value since mining is more decentralized and there won't be risks like being scammed by third parties (hosts). On the other hand, staking also has its own risks, such as lock-up funds, which mean you can't use your funds as you wish at any time you need them, and since it's kind of centralized, you need to be careful for the intervention of the stakeholder itself or the whales, who hold a significant portion of the staked funds and have a disproportionate influence on network governance and decision-making. However, compared to mining, you need less energy and hardware to engage in staking. It needs lower operational costs and is relatively easier to do than mining. Everyone could jump in without any sophisticated tools. Now, it is up to you. With this comparison, I wish you could choose which one is best for you.

[electronicash]

you can't stake BTC by the way. if you mean staking BTC on a defi platform that will be a lot riskier. defi platform can scam you and or screw you when you withdraw untimely.

mining will be costly and requires dedication though but it will be worth it if you are for long term. or you could just do the DCA as they said. it's the most common way of investing in BTC.

[Jon_Hodl]

Unless you have a solid understanding of all of the game theory at play in relation to bitcoin mining, I would just buy and hodl for 5-10 years.

A lot of people think that mining is free and easy money but that couldn't be further from the truth. It requires a lot of expertise to understand the mining hardware, electricity costs, the adjusting difficulty of the hashrate, using surplus heat from bitcoin miners, finding a place to sell bitcoin at the highest rate, dealing with taxes across different jurisdictions, and more. It takes a lot of work to fully understand all of those in relation to each other and how to stay competitive.

Buying bitcoin over a long period of time using a dollar cost average strategy and hodling just requires a job and patience. Just buy, move to your own hardware wallet, and HODL for at least 1 halving cycle (approximately 4 years) and you should notice a substantial increase in your purchasing power.

No need to overcomplicate things. Buy and Hodl is all you need.

[Sorryfor]

I think bitcoin mining cost more than profit. But if you keep investing in crypto then you can see that you can get good profit at some point. But it is a big risk for your money so think very carefully before investing. I think Bitcoin mining wants to be profitable but it must be done wisely.

[bounceback]

I plan on investing in the crypto space, but for long term. Between mining and staking, which one would be a better option?

For me, I would be more interested in holding long term or trading as an investment option from the two options you mentioned, because I realize that if you want to do mining, we have to spend a large amount of capital to buy all the equipment and equipment first, especially every month we You also have to pay for the electricity consumed by mining machines so that by mining the profit that we get cannot immediately cover the initial capital that we spend, it takes a little longer to be able to get a net profit from mining results.

[fadhilz123]

I think bitcoin mining cost more than profit. But if you keep investing in crypto then you can see that you can get good profit at some point. But it is a big risk for your money so think very carefully before investing. I think Bitcoin mining wants to be profitable but it must be done wisely.

More expensive doesn't mean it can't be profitable because as long as the mining machine that has been designed by the OP can still function for a long time, of course the profits can still be obtained and it will be more tolerable for him than staking and also an investment which is full of risks.

And if you think Bitcoin mining can be profitable if used wisely, why do you suggest OP for an investment that is absolutely not in OP's choice at the moment? Even though you also don't have to think that OP can't use Bitcoin mining wisely because as long as it can be very profitable for him, of course he will use Bitcoin mining more wisely for himself.